I created this graph of the Official Cash Rate (OCR) since the inception of the OCR in NZ as I’m looking at resetting my mortgage, and I thought it would be useful to see how quickly the data changed over previous troubled periods compared with recent data.
Note that potential updates to the OCR and Monetary Policy Statements (MPS) are due on the following dates:
- 13 May 20 OCR and MPS (live-stream)
- 24 Jun 20 OCR
- 12 Aug 20 OCR and MPS (live-stream)
- 23 Sep 20 OCR
- 11 Nov 20 OCR and MPS (live-stream)
Data sourced from: https://www.rbnz.govt.nz/monetary-policy/official-cash-rate-decisions